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Listing View: Pizza - Pasta & Bar with Large Patio - Phoenix, Arizona


Pizza - Pasta & Bar With Large Patio
Phoenix, Arizona

Offered at:
$195,000

Revenue: $285,629 / year
Cash Flow: $68,020 / year
Lease Rent: $5,800 / month
Square Feet: 1900

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 Listing Description

Beautiful Neighborhood Restaurant & Bar located in a new shopping center in the NW Valley. Kitchen is fully equipped & well organized for efficiency. Large Patio is private & perfect for parties or simply enjoying the fresh air. In the 5 years that this restaurant has been open, it has not come close to reaching its full potential, especially considering the rapid growth in this upscale area. This is perfect for a neighborhood Sports Bar. It has already become a neighborhood favorite. They offer drink & apprtizer specials for "Sports Nights" & are planning on adding a large screen TV on the patio for the sports fans. Named by AZ Republic "2nd Best in Phoenix". Featured on "Good Morning Arizona" by Dafne Monroe''s "Deal of theDay Cuisine". This is a great opportunity.

General Information
Contact Information
Organization:   Corporation
Year Established:   2003
Current Owner:   2003
# of Employees:   1 ft / 4 pt
Seating:   50 + Patio 28
Square Foot/Size:   1900
Parking:   Large Shopping Center Parking
License(s) Required:   #12 Liquor City & State
Days Open/Hours:   Tu-Th 11-9F 11-10Sa 4-10Su 4-9
Reason For Sale:   going to Italy
     
Financial Information
Revenue:   $285,629 / year
Cash Flow:   $68,020 / year
Payroll:   Contact For Info
FF&E:   $60,000
     
Lease Information
Lease Rent:   $5,800 / month
Lease Expiration:   2013
Security Deposit:   3,800
     
Financing Information
Down Payment:   97,500
Rate/Term of Note:   Bal @ 7 yrs 7% interest
Listed by:   Sheryl Reese Edwards
 Sheryl Kay Reese-edwards
Phone:  480-636-8577
Fax:  602-553-8083
Listings:  See All Listings by Broker
Profile:  View Broker Profile


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